Common use of TERMS AND CONDITIONS OF RESTRICTED STOCK UNITS Clause in Contracts

TERMS AND CONDITIONS OF RESTRICTED STOCK UNITS. The grant of Restricted Stock Units under the Plan is made at the sole discretion of the Committee. The Committee has very broad powers to determine who will receive Restricted Stock Units and when, and to set the terms of the Restricted Stock Units. The Company may decide, in its sole discretion, not to make any grants of Restricted Stock Units to the International Participant in the future. Under the terms of the Award Documents, the International Participant have no entitlement or claim to receive future Restricted Stock Units.

Appears in 16 contracts

Samples: Award Agreement (Xerox Corp), Award Agreement (Xerox Corp), Award Agreement (Xerox Corp)

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